advanced rear-wheel-drive sedan that can compete with globally famous premium cars, Hyundai has invested a total of KRW 500 billion over the 48 months from 2009. The all-new Genesis received 3,500 orders on the first day of pre-orders in Korea on November 19. It is the second best record after the Grandeur, which has received 7,115 orders in 2010. Hyundai says it has received 5,200 orders until November 22. Following the domestic launch, the Gen...

OEM Plants  Updated at: 2025/05/22

per km. The car can save drivers roughly KRW 930,000 per year (travel distance: 20,000 km). The sale price ranges from KRW 28.93 million to KRW 32.1 million, tax benefits included. On December 16 Kia Motors released the K7 Hybrid 700h. It is loaded with the same Theta II 2.4 MPI engine with Hyundai Grandeur Hybrid that delivers 159 horsepower, combined with a 35 kW electric motor. Also, it is equipped with the same battery pack and the transmissi...

OEM Plants  Updated at: 2025/05/02

on the highest grade the Limited, models featuring the navigation system for Korean users will be released. The Avalon is equipped with a 3.5-liter V6 engine delivering the maximum power of 277 hp, with fuel efficiency of  9.8 km per liter. It is 4.96 meters in length, sitting between the Hyundai Grandeur and the Genesis. It is expected to compete with the Ford Taurus. Consumer Repot was reported to drop their recommendations for four popular m...

OEM Plants  Updated at: 2025/05/02

Hyundai Motor, Asan Plant Hyundai Grandeur (Azera), Grandeur Hybrid, Aslan (2014-2017), Sonata, Sonata HEV (2011-), Sonata PHEV (2015-end of production), EV Ioniq 6 (2022-), EV Ioniq 9 (2024-planning); Engines: 4 cylinder Theta, Nu Engine, 6 cylinder Lambda Engine; Stamping Parts Plant of Hyundai, producing Engines and Stamping Parts for Kia models as well -Completion year: 1996 -Number of Employees: 4,000 Hyundai to halt Asa...

OEM Plants  Updated at: 2025/03/13

s first launch in 2007. On February 24, Hyundai Motor India Ltd. (HMIL) unveiled the name of its upcoming seven-seater premium SUV – Hyundai Alcazar. It has been developed to personify reliability and indulgence while drawing its inspiration from the royal lineage of Castles and Palaces, denoting grandeur, spaciousness and solidity. The upcoming Alcazar will match the ambitions of sophisticated, innovative and tech savvy customers. It will make...

OEM Plants  Updated at: 2025/01/23